Monthly Archives: December 2024

[News] ByteDance Reportedly Plans USD 7 Billion NVIDIA AI Chip Purchase in 2025 despite U.S. Restrictions

According to a report by TechCrunch, citing The Information, despite U.S. government efforts to restrict Chinese companies from accessing cutting-edge chips, sources cited in The Information reveal that ByteDance, the Chinese parent company of the popular short video platform TikTok, plans …

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[News] Huawei Cuts High-End Smartphone Prices to Boost China Sales

According to a report from South China Morning Post, Huawei has been reducing prices for its premium smartphones to stimulate sales in China, the world’s largest smartphone market. The report highlights that Huawei has slashed the price of its Pura …

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[News] Nearly 40% of South Korean Companies in China Plan to Downsize Within Five Years

According to a report by The Chosun Daily, a recent survey conducted by the Korea Institute for Industrial Economics and Trade, the Beijing Office of the Korea Chamber of Commerce and Industry, and the Korean Chamber of Commerce in China …

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[News] TSMC Reportedly to Raise Advanced Node Prices by 5% to 10% in 2025

With TSMC’s Arizona plant nearing its mass production in early 2025, rumors have been circulating that the foundry giant’s manufacturing costs in the U.S. are at least 30% higher than in Taiwan. Now it seems that a price hike is …

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[News] Top 10 Events in the LED Industry in 2024

As 2024 draws to a close, what were the major events in the LED industry this year?How might these events shape the future of LED development? Here’s a roundup of major events in LED industry: 1. Meta and Google Unveil …

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